File Code: Commercial Law - Credit Regulation
Crossfiled with: SENATE BILL 258
- Sponsored By:
-
Delegate Kramer
- Entitled:
-
Credit Regulation - Installment Loans Secured by Motor Vehicle Lien - Balloon
Payments
Altering the circumstances under which a credit grantor is authorized
to require a consumer borrower to pay a balloon payment at maturity of
an installment loan secured by a lien on a motor vehicle.
Legislative date is used to record
history occurring in the Chambers
otherwise Calendar date is used.
For explanation of terms
click here.
House Action
- 2/8
- First Reading Economic Matters
- Hearing 2/21 at 1:00 p.m.
- 2/27
- Favorable with Amendments Report by Economic Matters
- 2/28
- Favorable with Amendments {433899/1 Report Adopted
- Second Reading Passed with Amendments
- 3/1
- Third Reading Passed (133-0)
- 3/30
- Returned Passed
Senate Action
- 3/2
- First Reading Finance
- 3/16
- Hearing 3/27 at 1:00 p.m.
- 4/2
- Favorable Report by Finance
- 3/27
- Favorable Report Adopted
- Second Reading Passed
- 3/28
- Third Reading Passed (44-0)
Action after passage in House and Senate
- 5/2
- Approved by the Governor
- - Chapter 203
Bill indexed under the following Subjects:
- Credit
- Liens -see also- Mechanics' Liens
- Loans -see also- Mortgages
- Motorcycles and Motor Scooters
- Motor Vehicles -see also- Aband Veh; Ambulances; Buses; etc.
Bill affects the following Statute:
- Commercial Law
- (
12-1003
)
All documents except Roll Call Votes are
displayed in PDF format:
- Bill Text:
First Reading,
Third Reading, Enrolled, Chapter
- Fiscal and Policy Note:
Available
- Amendments:
House
- Number: 433899/01 Offered on: February 28, 2012 at:
10:20 a.m. Status: Adopted
-
Committee Votes :
House
- Economic Matters
Senate
- Finance
- Roll Call Votes (Legislative dates are shown):
House
- March 1, 2012: Third Reading Passed (133-0)
Senate
- March 28, 2012: Third Reading Passed (44-0)
